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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: Steve Lee who wrote (14001)8/2/2002 8:21:10 AM
From: Killswitch  Read Replies (1) of 19219
 
Steve can you give me an example of when we previously had the kind of technical indicators we had recently (VIX over 50, lots of ticks on both DJIA/Naz under -1000 over multiple days, etc.) where we didn't have a significant rally afterwards? I need to know what to look out for, and admittedly I've only looked back at the last several years.

I guess one concern is something like 98 where we had a double VIX spike over 50 in a fairly short period of time. But after that it did rally.
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